TOPRAK Basak

EMEA head of coin systems and product owner for deposit tokens, Onyx by JP Morgan

Basak Toprak is responsible for product development, business development and regulatory interaction across the product lines for JPM Coin, Programmable Payments, and Partior in EMEA. In addition Basak has global product ownership for Deposit Tokens. A first pilot trade for Deposit Tokens was carried out under Project Guardian launched by Monetary Authority of Singapore in November 2022.

Prior to this role, Basak was head of ecommerce solutions for JP Morgan’s Payments business in EMEA, responsible for designing and deploying integrated banking and payments solutions for the leading global fintech and payment platforms.

With over twenty years in banking leadership roles across treasury services and payments, Basak has in depth experience across digital transformation, emerging payment methods and technologies.

She is a frequent speaker at industry conferences representing Onyx on digital money, blockchain and DLT based financial services. Basak has recently co-authored a white paper on Deposit Tokens focusing on their use cases and benefits, and how they are distinguished from stablecoins and CBDCs.

She holds an MBA in e-Business from Bayes Business School, London.